hey i have my exams in may2010 group 2 ipcc which includes following papers:
1 advanced acccounts
2 auditing
3 it and sm
i m running out of time boss not giving leaves................ i will get only 20 days off i.e 25th apr to 16 th may .....................
wot shud i do how shud i start studying??
i m confused regarding whether to buy compilers or scanners for quick preparations ??
which topics are more imp/relevant from exam pt of view??
any trend analysis??
i m tryin my best to make best possible use of wotever little time i got.........but guys plz share some tips/ways /methods etc. which can b useful 2 all who r running out of time for may exams..........
P.S : i hvnt started with auditing, it and sm yet.........
sharan
(Article Assistant)
(27 Points)
Replied 24 March 2010
hiii dear budies....
'm sharan..........shall any one of u will provide me some exam tips to clear out easily for dis may pcc attempt....i'm goin to get leave for oly one month....if possible pls provide some ABC analysis for all d subjects...i need to clear dis attempt.....n i was been in sad of one incident...KINGS XI punjab team auctioned me in IPL season in this year...bt due to exam i dint made contract with them......so i would lik to play in next season...so 'm pleasing u to provide some exam tips and analyisis....it will be very needful for me.....'m clear about ma life...CA s ma LIfe....Cricket is ma Passion...so pls buddies......if possible send me quick replies
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 24 March 2010
Tips to improve marks in Audit and Law
Marks in Audit and Law subjects are very low in November 2009 PCC and P.E.-II result. As per my understanding the reason behind this is not low marking. The main reason behind this is lack of concentration in theory paper along with poor presentation and writing skills.
Kindly appreciate Exam pattern is now practical Question based and not flat Question based so presentation and writing skills becomes very important.
For improved presentation and writing skills I would suggest you to refer answer presented in ICAI suggested answers. Careful observation of ICAI suggested answers is very important. Along with good study focus and observation is also very important to succeed in professional examinations.
One more useful suggestion is:
It is advisable for the CA students to have a glimpse of the guideline answers given by ICSI and compare them with ICAI's. As we all know that ICSI answers are one step ahead from those of ICAI. So a comparative "go-through" of these will help in presenting the better answers... this is not time consuming either...One more important thing if you are conceptually very clear and strong but not able to present it then there is some problem indeed, which is required to be sorted out immediately.
Good conceptual knowledge with good writing and presentation skill is the key to success.
All the Best
How to deal with theory paper
1. Focus on important topics and make a strategy to complete them first. If you can successfully perform this task then it will give you lot of confidence.
2. Prepare a list of Exam oriented important chapters with the help of scanner and design your study schedule accordingly. The earlier you perform this exercise, the more time you will have to design your study schedule and prepare for the examination.
3. Prepare a list of frequently asked questions from scanner and design your ATLAS accordingly. Please find below “My ATLAS Method” as a ready reference (Already shared through my article). In your condition use the ATLAS in the last 4-5 days of your leave.
ATLAS STUDY METHOD:ATLAS STANDS FOR “AT LAST”. There are always some questions, formulas, Sections and case laws which we simply fail to recall in exam hall. According to this method if you find anything very difficult to remember then after preparing the same topic once or twice put it in the ATLAS. Keep putting difficult topics in ATLAS till exam date. There would be a different ATLAS for law, audit, accounts etc. Now 1.5 hour before leaving your home for examination hall open ATLAS question list and revise it properly or give it a special reading. Now if you find any question from ATLAS in the exam paper it would be very easy for you to answer as you specially revise it just 2-3 hours back and your confidence level will automatically increase in the beginning of exam.
Keep review your ATLAS list and modify it accordingly. If initially you put any question in ATLAS and now you are confident enough about that particular question you can remove that question from ATLAS. Don’t puteasy and non important questions in ATLAS as this concept is for revising extra-ordinary important questions just 2-3 hours before examination.
4. Decide your study time as per the available time. A 5-8 hour productive study would be enough. Remember, it is the quality and not the quantity of study that is required.
5. Remember study time management is very crucial.
6. First try and figure out your mistakes (100% there) then promise yourself to remove them. Believe me there is nothing wrong with your preparation but you have to do some homework to improve your performance. Be confident and keep working on your preparation.
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 24 March 2010
Some tips to deal with Law paper
1. Use Scanner from the very beginning. It helps you to recognize which chapter is to be given preference.Prepare a list of Chapter wise frequently asked questions from the Scanner and prepare them properly.
2. Try and develop a sense to figure out excess study material from the exam point of view and cross that material immediately in your book. Study Material provided by the institute is not updated most of the times and full of totally irrelevant material/theory.
3. If you have time prepare your own notes to learn properly only for important topics along with frequently asked questions solution.
4. As per my opinion you shouldn’t ask anybody about the relevance of quoting sections in Exams. It is off course extremely useful in law subjects especially in CA Exams. Try and quote section in your exams without any hesitation. Prepare a special strategy for remembering sections. If you make it a habit now it will 100% pay at the time of your final preparation.
5. Don’t play with the language of law specially Definitions. It is strongly recommended to put the definition in the exact language. However you can take slight liberty while drafting your answer in respect of other law language but the context, texture, interpretation and meaning should not be changed.
6. Work out on your presentation and writing skills.
7. Don’t use different notes for one topic. Finalise your notes before starting final Examination preparation and stick with them.
8. 10 Days before examination date do not add any new topic in your schedule. Just focus on revision-revision and revision.
9. Time saving method: As per my opinion in theory paper you should attempt flat questions first. After that attempt practical problems. Like in Audit or Law first attempt short notes or distinctions etc. In the beginning if you attempt practical problems first then there may be wastage of time in reading the problem twice or thrice.
10. Make Point & give heading: In other words write your answer to the point. Try and convert the paragraphs in to points and give them a heading like I am giving in this Article. However if during exam you have no time then avoid this practice. But it’s a very good technique of theory presentation.
Use of sections in the exam
As per my suggestion you should start writing sections at the PCC level itself. I would suggest you all to make it a habit to remember sections as later on it will surely help you a lot when you start preparing for CA final or other professional examinations. Section knowledge is also very important for your professional working. It is 100% true.
Keep one thing in mind -- write the sections only when you are 100 % sure, otherwise leave it.
However let me tell you one thing you can easily clear your CA without sections but for me it is all about standards. Now the choice is yours.
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 24 March 2010
Tips for Memory Improvement
Find below some useful tips as desired by you:
1. First and most important point to improve your memory is --focus on conceptual study.
2. Another suggestion would be to focus on regular study and say bye bye to cramming.
3. Prepare short notes (single page) and paste them in your room (preferably on wall) and revise then twice or thrice a day.
4. Study according to your plan which should be prepared well in advance.
5. Use abbreviation method. If you have 10 points to remember in a question give them a certain abbreviation and remember that abbreviation.
6. Have a one hour group discussion with your friends regarding selected exam oriented important topic. Discuss all the theoretical and practical aspects about that selected topic.
7. Try and workout on your recalling power.
8. Last but not the least forget that your need any special treatment to improve your memory to perform well in your exam.
Miscellaneous suggestion for Exam Preparation
I do not think student need any special kind of advise to succeed. One must be fully aware of his/her strengths and weaknesses which according me is very important and essential ingredient for exam success.
Just continue your study with full confidence and attitude. Keep analyzing the things and your preparation and modify it accordingly.
There is one general query regarding forgetting one chapter next day. Regarding I would like to say rather advise students don’t think too much and focus on conceptual clarity. After 2-3 days practice same chapter with any milestone or heavy question which contain all the adjustment of that chapter. Student should check their preparation by solving previous exam questions from scanner.
Another important thing is giving some time for account and other practical theory. Preparation of own notes for theory paper is a very good idea but only for frequently asked questions. Do not dare to underestimate the importance of theory in numerical papers. Also make provision of some time for yourself to relax.
One of the main reasons people do not reach their goals is because they set them too high. So set goals that are manageable and it does not make any difference if they seem too simple. First develop a habit of accomplishing small goals and then think about higher goals.
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 24 March 2010
How to start your exam preparation
1. As per my understanding your very first step should be to decide whether to go for coaching or self study. Consider this question very vital for a good start of your preparation. You don’t have to wait until exam time approaches.
2. Buy a latest Scanner from the market and analyse it properly. According to me full understanding of Scanner regarding how to use it, is very essential as it gives you a bird’s eye view of every subject of your professional course.
3. Prepare a list of Exam oriented important chapters with the help of scanner and design your study schedule accordingly. The earlier you perform this exercise, the more time you will have to design your study schedule and prepare for the examination.
4. Prepare a list of frequently asked questions from scanner and design your ATLAS accordingly. Please find below “My ATLAS Method”at the end of this article as a ready reference for new members.
5. Understanding of Examination pattern in a proper manner is also very important. If you have good understanding of Examination pattern then you can easily plan for exam paper according to your strength. For example in Audit or Law papers I used to write flat questions first like short note etc. instead of practical problems as practical problems are a bit time consuming.
6. Decide your study time. In the beginning it is not necessary to invest 10-12 hours for your study. A 5-8 hour productive study would be enough. Remember, it is the quality and not the quantity of study that is required.
7. In the beginning of your study time management is very crucial. So focus on time management and keep asking yourself Is this the best use of my time. This is to share with you all that am still using this Q and A technique.
hey i have my exams in may2010 group 2 ipcc which includes following papers:
1 advanced acccounts
2 auditing
3 it and sm
i m running out of time boss not giving leaves................ i will get only 20 days off i.e 25th apr to 16 th may .....................
wot shud i do how shud i start studying??
i m confused regarding whether to buy compilers or scanners for quick preparations ??
which topics are more imp/relevant from exam pt of view??
any trend analysis??
i m tryin my best to make best possible use of wotever little time i got.........but guys plz share some tips/ways /methods etc. which can b useful 2 all who r running out of time for may exams..........
P.S : i hvnt started with auditing, it and sm yet.........
As the time is less focus on the preparation based on scanner. Complete your scanner with the help of suggested answers issues by ICAI.
Figure out the chapters you are not going to attend properly and discuss those chapters with your friends.
Give some to all the subjects every day. Also prepare a revision plan for whatever you are going to prepare for exam coz revision is very important.
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 24 March 2010
'm sharan..........shall any one of u will provide me some exam tips to clear out easily for dis may pcc attempt....i'm goin to get leave for oly one month....if possible pls provide some ABC analysis for all d subjects...i need to clear dis attempt.....n i was been in sad of one incident...KINGS XI punjab team auctioned me in IPL season in this year...bt due to exam i dint made contract with them......so i would lik to play in next season...so 'm pleasing u to provide some exam tips and analyisis....it will be very needful for me.....'m clear about ma life...CA s ma LIfe....Cricket is ma Passion...so pls buddies......if possible send me quick replies
Dear Sharan,
Wish you all the best for a bright future. Hope the tips mentioned above would be off some help. Revert if there is any doubt.
Regards
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 24 March 2010
Hi look, the bosses are like...., not getting the proper word for the mixture of dracullas, vampires or some real harcore blood suckers...
Look, its not a big deal to deal with subjects in such a less time, the only thing u need to do is to be firm whatever u plan, programme, finalisations...
Me too got just 43 days for both the groups, and could make it easily with 5 spare days.. Moreover, i was and am an average student, So y cant u??
From my side, i can say that prepare proper plans, dont make some real hectic or linient, but just the factorial. No one else but u urself know whatz ur capacity and how much burden of studying u can take in a day.
Prepare plans accordingly. Like, whether u can sit for 6-8-10-12 hours a day and how much from them will be productive hours.
Do revise in every 5 days, so what if some time is wasted, but u'll get the grip in those topics or subjects. Rather it would be an investment.
For ACCOUNTS, allocate 7-9 days, and finish it off.. Dont do much practice (as time doesnt permit u that with).
For it & sm, prepare SM in 4 days [its that easy and short, u cant give more than 40 hours to this subject] and 1.5 days to IT [do only important topics].
While audit is makhan subject, seriously, cant get anything better than this, can wind it up in just 4-5 days or even lesser as its just to be read & understood and not to be learn by heart....
For any furhter querries can contact me or visit HERE, except accounts, others are applicable in ur case too
CAclubindia
